Obituary: Leonardo Del Vecchio grew up in an Italian orphanage and went to work as a metal-molding apprentice at age 14. When he set up his own shop, he quickly realized that making eyeglass frames was the most profitable part of his business.
, who grew up in an Italian orphanage, went to work as a metal-molding apprentice at age 14 and nine years later set up his own small shop. He quickly realized that making eyeglass frames was the most profitable part of his business.
That insight was the foundation of EssilorLuxottica SA, the world’s biggest eyewear maker, whose brands include Ray-Ban and Oakley. In recent years, Mr. Del Vecchio served as chairman and held a 32% stake in EssilorLuxottica. The company announced June 27 that he had died at the age of 87.
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